Tilaknagar Industries (NSE:TI) Interest Expense : ₹-267 Mil (TTM As of Mar. 2024)

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What is Tilaknagar Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tilaknagar Industries's interest expense for the three months ended in Mar. 2024 was ₹ -49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-267 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Tilaknagar Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 404 Mil. Tilaknagar Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -49 Mil. Tilaknagar Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 8.19. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tilaknagar Industries Interest Expense Historical Data

The historical data trend for Tilaknagar Industries's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tilaknagar Industries Interest Expense Chart

Tilaknagar Industries Annual Data

Trend

Mar15

Mar16

Mar17

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Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1,082.35

-460.52

-618.69

-401.87

-267.39

Tilaknagar Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-79.51	-60.19	-77.41	-80.51	-49.29

Tilaknagar Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-267 Mil.

Tilaknagar Industries (NSE:TI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tilaknagar Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-49 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹404 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹649 Mil.

Tilaknagar Industries's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	403.874	/	-49.285
	=	8.19

The higher the ratio, the stronger the company's financial strength is.

Tilaknagar Industries (NSE:TI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tilaknagar Industries Ltd (NSE:TI) » Definitions » Interest Expense

Traded in Other Exchanges

507205:India

Address

3rd Floor, Industrial Assurance Building, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.tilind.com

Tilaknagar Industries Ltd is engaged in the business of manufacture and sale of Indian Made Foreign Liquor and its related products. Its portfolio of brands in various liquor categories including brandy, whisky, vodka, gin, and rum. Geographically the company exports its products to Singapore, Angola, Rwanda, Bahrain, and UAE. Its brand comprises Mansion House Brandy, Courrier Napoleon Brandy - Green, Courrier Napoleon Brandy - Red, Madira XXX Rum, and Others.

Tilaknagar Industries (NSE:TI) Headlines

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